The Supreme Constitutional Court on Tuesday upheld a prior ruling by a lower court which had voided a €25,000 administrative fine slapped on a brokerage firm executive by the Securities and Exchange Commission.
In February 2017 the commission – the regulator of investment firms – issued a decision imposing a €25,000 administrative on Stavros Hadjikyriacos, then executive director of CommexFX Ltd, a Forex brokerage.
SEC determined that the company did
